RETAIL TRADE: Price Packers' Retreat

The Federal Trade Commission last week
issued a progress report on its all-out attack on phony price cutting.
In the three months since FTC started the campaign with a warning to
merchants to stop marking up goods in order to make fake price cuts
seem to be bargains, 60 companies have learned their lesson the hard
way. Box score: 33 complaints, 21 orders to cease and desist, and six
consent agreements. Most of the actions (32) were against furriers,
long among the most obvious of the price packers, but the campaign also
extended to sellers of sewing machines, perfumes,...